[New post] Structural Re-adjustment: IMF and Austerity

centreforneweconomicstudies posted: " By Yashovardhan Chaturvedi Abstract In the wake of the COVID-19 pandemic, countries in the Global South have accrued debts to tackle the global economic downturn and humanitarian crises. With debts becoming unsustainable in regions like Africa " NICKELED AND DIMED Structural Re-adjustment: IMF and Austerity centreforneweconomicstudies Apr 29 In the wake of the COVID-19 pandemic, countries in the Global South have accrued debts to tackle the global economic downturn and humanitarian crises. With debts becoming unsustainable in regions like Africa and South Asia, the impending fears of defaults have led to such countries resorting to the help of the IMF for providing emergency assistance. However the conditionality of such assistance comes with the implementation of austerity measures which may only serve to exacerbate the cost of living crisis in such countries. Read more of this post Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from NICKELED AND DIMED. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://nickledanddimed.com/2023/04/29/structural-re-adjustment-imf-and-austerity/

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